Vat audit 704

one of client has total turnover of more than 60 lakh and his liable to Vat Audit but he is not file vat return for the period 1.4.12 to 31.3.13 due to financial problem. here not paid any vat or cst and none of return uploaded as tax payable. what can vat auditor do for the same? kindly suggest solution for same
Replies (1)

Dear Mr Mahadev

It is sad your client is not aware of Sales Tax rules in our country. We do not knwo why you have not advised properly. Guide them and ask them to contact their Sales Tax Assessment circle in your area and gert reghistered and ask them pay the Sales Tax duie with penalty that may be imposed. The st authorities will guide you with formalities.

Regards

 

( Jayam Ramesh K C)

 

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